60-second Retail

The New Retail Store Rationalization Strategy - Part 2: Restructuring the Footprint 28.08.2023 4:35 ↓

In part 2 of our mini-series dedicated to the new retail store rationalization strategy, we focus on another trend that is picking up steam – the movement out of the traditional mall and into free-standing or strip mall locations. Why is this change underway? And are there any unique use cases for these smaller spaces? Tune into this episode of our 60-second Retail podcast to hear David Berliner,...

The New Retail Store Rationalization Strategy – Part 1: The Evolution of the Retail Lease 21.08.2023 5:09 ↓

In part 1 of our mini-series dedicated to the new retail store rationalization strategy, we explore how the retail lease has been shaped by variables such as the pandemic, shifting consumer behaviors and economic whirlwinds. What did leases look like pre-pandemic and how does that compare to now? What important areas should retailers focus on when negotiating the restructure of a lease? Tune in to...

eCommerce Pure Plays go from Digital Only to IRL 07.08.2023 4:03 ↓

Why are eCommerce retailers opening physical stores at a time when most other retailers are looking to shrink their footprint? What benefits come with pushing the business “in real life” for these formerly eCommerce pure play retailers? Listen in to this episode to hear David Berliner, Partner & National Leader of Business Restructuring at BDO USA, explain the strategy at play behind this seem...

Is Social Media the New Source of Inspiration for Product Design? 31.07.2023 3:42 ↓

Is social media a viable platform for retailers to source product design inspiration? Are there any hurdles for retailers looking to implement this real-time feedback to product design? Listen to this episode as Paige Lustbader, Audit Director in the Retail & Consumer Products industry group at BDO USA, explains some of the more interesting ways retailers have been using social platforms as of...

Dollar Stores Give High-end Retailers a Run for Their Money 24.07.2023 5:05 ↓

Dollar stores seem to be the up-and-coming way to get a good deal on products, with social media influencers and real-life TV stars touting deals. Why is this shift in spending happening? Dollars stores are also opening a large number of new stores when other retailers are scaling back. Is this a viable growth strategy given market conditions? Tune into this episode to find out why David Berliner,...

Does Downsizing Staff Impact the Customer Experience (CX)? 17.07.2023 5:34 ↓

Can you downsize your retail staff without negatively impacting the customer experience? Does downsizing effect the consumer’s desire for hyper-personalization? Tune into this episode to find out what Ross Forman, Managing Director in the Workplace Operations & Strategy Group at BDO USA thinks you should consider before you downsize staff.

Increased Minimum Wage Impacts a Retailer's Need for Technology 10.07.2023 6:01 ↓

How does the recent increase of minimum wages seen in states recently impact a retailers need for technology? If a retailer is decreasing headcount and increasing the use of technology, are there trade-offs? And does the consumer care if a retailer is more heavily reliant on technology in-store? Tune into this episode to find out how Ross Forman, Managing Director in the Workplace Operations &...